Not only do young Singaporeans not get the 2.5% interest in the - TopicsExpress

Not only do young Singaporeans not get the 2.5% interest in the OA, they are required to pay this 2.5% interest back to their OA should they sell their flats? Does this make sense? If that’s our money, why do we have to pay interest on our OWN money? The reality is that the pension system is design for 2 working parents who are degree holders, each earning $5,000 per month. Everyone below this setup will face a compromised reality.

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